Entrepreneur, do you know how to protect your idea?
Posted: Mon Dec 23, 2024 8:47 am
When you start out as an entrepreneur, you want to protect your idea at all costs. That's just how it is. After all, your idea is your treasure and you protect it from the eyes of everyone . You trust that it will make you a lot of money and therefore it becomes almost an obsession that prevents you from seeing the sad reality: your success as an entrepreneur does not usually depend on one idea, because there are many ideas and more in a global world connected by the Internet.
The execution of that idea is what will really determine your success as an entrepreneur. In fact, if you want, you can take into account the following tips:
Patent your idea: industrial property is one of the basic formulas to protect your idea, but since it is expensive, entrepreneurs do not usually use it as a first option. There are phone number directory singapore two types: patent with prior examination or without prior examination. The first is more expensive but is more internationally recognized.
Use confidentiality clauses: When dealing with potential investors or suppliers, and in documents and when sending emails, include a text indicating that you are the intellectual owner. You can also add watermarks to printed texts.
Register your trademark from the start: because unlike domain names or names on the Internet, whose extensions are increasing, there is only one trademark and it will protect your idea in the market where you are going to operate. Remember that a trademark can be letters or also a symbol, so keep this in mind when registering it with the OEPM.
Act quickly in the event of any risk: to do so, send a certified letter to record the date and content, urging the other party to return a document or stop selling the copy of your idea of which you are the sole intellectual owner.
The execution of that idea is what will really determine your success as an entrepreneur. In fact, if you want, you can take into account the following tips:
Patent your idea: industrial property is one of the basic formulas to protect your idea, but since it is expensive, entrepreneurs do not usually use it as a first option. There are phone number directory singapore two types: patent with prior examination or without prior examination. The first is more expensive but is more internationally recognized.
Use confidentiality clauses: When dealing with potential investors or suppliers, and in documents and when sending emails, include a text indicating that you are the intellectual owner. You can also add watermarks to printed texts.
Register your trademark from the start: because unlike domain names or names on the Internet, whose extensions are increasing, there is only one trademark and it will protect your idea in the market where you are going to operate. Remember that a trademark can be letters or also a symbol, so keep this in mind when registering it with the OEPM.
Act quickly in the event of any risk: to do so, send a certified letter to record the date and content, urging the other party to return a document or stop selling the copy of your idea of which you are the sole intellectual owner.